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Topic: what if market bulls again and never falls,will be become a billionaire? (Read 265 times)

member
Activity: 228
Merit: 10
it would be very interesting to all good people who still do not know the currency crypto tersebu. and surely if it could happen maybe altcoin would be the currency most needed by everyone.
newbie
Activity: 149
Merit: 0
It is possible that it would create great financial flow and abundance once the market bulls again. Can't wait for this to happen, we just gotta wait and hodl a little longer until the market begins correction and the prices stabilize. I believe it would happen soon enough and the year would finish with a great bang.
member
Activity: 350
Merit: 11
It depends on the number of coins that you have and the kind of coins that you have, if you have coins that have done very well and you have a lot of it then I guess you could become a millionaire from that. Mostly just boils down to the kind and amount of coins you a=have but ya if the market does not go down again then you retain your millionaire status I guess.
full member
Activity: 462
Merit: 100
Many will say that this is impossible but I believe that is very possible. If SEC  finally declare cryptocurrency as Exchange Trade Funds(ETFS).Then there will be huge pump as many institutions will flow in and the market will boom .

Dreaming is healthy of course. However I do not know how realistic such forecasts as the endless growth of cryptocurrencies are. Over time this growth could turn the cryptocurrency market into an absurd one.
full member
Activity: 574
Merit: 102
Indeed people who panic sold and left crypto on the first quarter of 2018 will jump back to the train and demand will soar which will result in price increase.
full member
Activity: 1048
Merit: 101
Many will say that this is impossible but I believe that is very possible. If SEC  finally declare cryptocurrency as Exchange Trade Funds(ETFS).Then there will be huge pump as many institutions will flow in and the market will boom .
Why do you believe that the SEC will announce it, give me your reason or your assumptions why the SEC has the possibility to do? on the other hand there are still many things that become the weakness of cryptocurrency I think still need a lot of improvement and even this is very unlikely in my personal opinion.
member
Activity: 1302
Merit: 25
But seriously, is crypto market ready for ETF? I'm thinking some regulation has to be in place to avoid certain things and shit coins from being listed. It is however a fact that ETF if allowed, will change the face of cryptocurrency and it will become a success story for present adopters.
newbie
Activity: 28
Merit: 0
I don't think it is possible for the market to bull and not experience a fall in price again. I don't even think that that spells out a good thing for the market. I would like to think that with a situation like that, it might lead to a crash in the market, and maybe a possible death. Every one wants to see some greens, but we should expect to see a bloody street every now and then also.
newbie
Activity: 84
Merit: 0
Many will say that this is impossible but I believe that is very possible. If SEC  finally declare cryptocurrency as Exchange Trade Funds(ETFS).Then there will be huge pump as many institutions will flow in and the market will boom .
Maybe, but keep in mind that a market that grows too fast will lead to great correction as well. So I think it would be better if the market grows in proportion to the growth of the community, because that would probably be the real value of capital.
full member
Activity: 448
Merit: 100
Many will say that this is impossible but I believe that is very possible. If SEC  finally declare cryptocurrency as Exchange Trade Funds(ETFS).Then there will be huge pump as many institutions will flow in and the market will boom .
You must always keep in mind that. Everything goes through four stages: Start-Up-Recession-Death. There is nothing that can grow without stopping. And if the SEC refuses ETF, then what you say will fail
full member
Activity: 299
Merit: 100
It's raw enacting exchange to alteration highs and utter and Bitcoin is mainly frivolous so thither liking feasible always be bull and collection tendency not upright one consistently
newbie
Activity: 46
Merit: 0
Your idea is good, but it is impossible not to fall. The market cannot always be at the top end. Only a better rest can have greater growth. I am looking forward to the arrival of the bull market.
newbie
Activity: 103
Merit: 0
Haha. I like the though of this, because I would definitely be a millionaire, but I do not see this happening, and with a constant rise in the price and value of crypto, it might just be the end of it,. I like to think that the bear moments serves as regulation to the market and it is what keeps it at a constant.
hero member
Activity: 966
Merit: 500
I know that the market will bull again but with the way the market is set up and how volatile the coins are there is no way that the price of the coin stays up without falling back down to lower prices. The best thing will be for you to sell when the market is still in a bull and get out with the money that you have and then you can buy back in to the market again when prices drop.
member
Activity: 163
Merit: 10
Many will say that this is impossible but I believe that is very possible. If SEC  finally declare cryptocurrency as Exchange Trade Funds(ETFS).Then there will be huge pump as many institutions will flow in and the market will boom .
If that would be going to happen then it is a big advantage for all of us. We can make a living here in crypto with just a few days. We can surely sustain the needs and wants of our family.
full member
Activity: 342
Merit: 100
i don't think SEC will be going to do that in the near future as there are lots of drawbacks when it comes to trading with the cryptos as you cannt take tax from the people, you cannot stop the black money even and there will be no authentication of the people mining or trading with each other so these things can lead the county into corrupt society so this might be difficult to say that SEC will make this permanent exchange medium.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
That's true that if SEC ETF will finally get approves the bull market will finally came in and it will make bitcoin rapidly increase again.

The decision about crypto will be accepted only in October. Till this moment the market can show us new minimum. Be careful with your optimistic forecast.
Why it was placed on October? is it by this August 10 right?
There is no guarantee that the SEC will approve the ETF and it was delayed to September, but for the big exchanges that filed their ETF back January, they might get approved around August
Well we have some news today and if you haven't knew it.

Here's some hot bad news. :-/

https://www.cnbc.com/2018/07/26/winklevoss-twins-bitcoin-etf-rejected-by-sec.html
https://cointelegraph.com/news/cnbc-winklevoss-twins-bitcoin-etf-application-rejected-by-sec
sr. member
Activity: 1274
Merit: 267
Many will say that this is impossible but I believe that is very possible. If SEC  finally declare cryptocurrency as Exchange Trade Funds(ETFS).Then there will be huge pump as many institutions will flow in and the market will boom .
I believe that Bitcoin itself will always hit new high price, but it's almost impossible to see an infinity bull run. In fact, there is always FUD created by big people in the crypto space to dump Bitcoin. What is the purpose? Simple, imagine you are a billionaire and you want to jump into crypto, put some of your money there, what will you do? you can put your money anytime even it's a bull run, you would better to either wait the market is down or make the market down. So you will get more Bitcoin with your money and you'll be able to take more profit from it. It's just one of examples.
newbie
Activity: 140
Merit: 0
but there will still be ups and downs it wont be a rise always as there might be time of saturation and everything might collapse although it might not be possible but something to look up to or hope for
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Many will say that this is impossible but I believe that is very possible. If SEC  finally declare cryptocurrency as Exchange Trade Funds(ETFS).Then there will be huge pump as many institutions will flow in and the market will boom .

What comes to your mind thinking that this is possible?even in your wildest dream this will never happen

All things in the world that comes up must come down,in order to continue the right balance of everything,so if you are saying price will continue to grow then where would the other investment would come?since every money will remain inside the market to make the price stays growing?
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